Prudential Retirement, a unit of Pension Insurance Corporation (PIC) and Prudential Financial, has offloaded £900mn ($1.2bn) of longevity risk to Prudential Insurance Company of America.
Florida insurer Universal recorded a spike in reinsurance recoverables in the third quarter, which suggests its claims from Hurricane Irma have come in at the top end of its previously reported range.
Blue Capital Reinsurance Holdings has reported that it expects 14 percent of its projected 1 January 2018 shareholders' equity to be locked up as a result of Q3 catastrophes, on top of reported losses.
